The results of the latest NSSO large survey on employment and unemployment provide crucial evidence on the pattern of inadequate job creation in this phase of high economic growth. This edition of MacroScan provides an initial analysis of the results. No sooner were the results of the 66th Round of the National Sample Survey Organisation (relating to data collected in 2009-10) released, than they became the subject of great controversy. Surprisingly,...
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Orissa to renew MoU with Posco by June end by Nageshwar Patnaik
Orissa is all set to renew its memorandum of understanding (MoU) with steel major Posco with a one-year retrospective effect by June 30th. The MoU for the proposed 12 million ton steel plant had expired on June 22, 2010 after a period of five years. State steel and mines minister Raghunath Mohanty said all formalities required for renewal of the MoU will be over shortly and the government would revalidate...
More »The New Geopolitics of Food by Lester R Brown
From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...
More »Vendors & the willing restive by Sambit Saha
Sections of vendors and “willing” farmers have alleged discrimination over the Singur bill, suggesting that they may move court if the state government does not address their concerns. Vendors demanded that they be compensated for the investment made at the Nano site. But the government, which has specifically said in the bill that “none of the vendors has obtained any deed of lease in terms of their respective letters of allotment”,...
More »Tatas cite bill omissions
-The Telegraph Tata Motors has said the Singur land-return bill does not state the reasons for the transfer of the Nano plant, breaking its silence to portray a vivid description of the agitation that preceded its pullout without mentioning either Mamata Banerjee or her party. The Tatas added that “appropriate steps” would be taken after studying the bill that mentions Tata Motors “abandoned” the project. The bill was passed in the...
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